Hedef Girisim Sermayesi Yatirim Ortakligi A.S. (IST:HDFGS)
Turkey · Delayed Price · Currency is TRY 2.410
-0.040 (-1.63%)
Last updated: Sep 3, 2026, 3:20 PM GMT+3
IST:HDFGS Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 700.4 | 296.22 | -385.76 | -463.82 | 415.91 | 19.71 |
Depreciation & Amortization | 2.73 | 2.81 | 2.44 | 0.81 | 0.57 | 0.32 |
Loss (Gain) From Sale of Investments | -630.37 | -675.45 | -785.39 | -411.19 | -883.99 | 14.76 |
Other Operating Activities | 553.47 | 85.13 | -60.56 | 110.36 | -36.53 | -0.11 |
Change in Accounts Receivable | 12.09 | 2.88 | -2.83 | -0.04 | 2.81 | 2.28 |
Change in Accounts Payable | -0.53 | 0.31 | -0.35 | 0.1 | -0.37 | -0.01 |
Change in Other Net Operating Assets | 262.98 | 240.92 | 1,925 | 1,815 | 294.82 | -147.47 |
Operating Cash Flow | 900.76 | -47.18 | 692.39 | 1,052 | -206.78 | -110.51 |
Operating Cash Flow Growth | - | - | -34.16% | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -0.03 | -0.03 | -0.77 | -0.24 | -1.14 | -0.06 |
Sale of Property, Plant & Equipment | -0.03 | 0.19 | 0.4 | 0.03 | 0.72 | 0.34 |
Divestitures | - | - | 117.8 | - | - | - |
Sale (Purchase) of Intangibles | 0.03 | -0.18 | -0.05 | -0.09 | -0.13 | - |
Investment in Securities | 142.67 | 137.25 | 31.94 | -183.35 | - | - |
Other Investing Activities | 0.17 | -0.07 | -0.24 | 0.27 | - | - |
Investing Cash Flow | 142.81 | 137.16 | 149.08 | -183.38 | -0.55 | 0.28 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | - | 1.79 | - |
Long-Term Debt Repaid | - | -1.29 | -0.8 | -0.38 | - | - |
Net Debt Issued (Repaid) | -1.43 | -1.29 | -0.8 | -0.38 | 1.79 | - |
Issuance of Common Stock | - | 569.27 | - | - | 173.55 | 140.12 |
Repurchase of Common Stock | -177.16 | - | - | - | - | -41.71 |
Other Financing Activities | -11.95 | -2.36 | 0.08 | 0.5 | 0 | - |
Financing Cash Flow | -190.53 | 565.61 | -0.72 | 0.12 | 175.34 | 98.41 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Miscellaneous Cash Flow Adjustments | -853.4 | -659.04 | -836.98 | -872.45 | - | - |
Net Cash Flow | -0.37 | -3.45 | 3.77 | -4 | -31.99 | -11.81 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 900.73 | -47.2 | 691.62 | 1,051 | -207.92 | -110.57 |
Free Cash Flow Growth | - | - | -34.22% | - | - | - |
Free Cash Flow Margin | 79.09% | -4.29% | 118.40% | 166.20% | -20.60% | -582.53% |
Free Cash Flow Per Share | 0.80 | -0.04 | 1.22 | 1.86 | -0.37 | -0.20 |
Levered Free Cash Flow | 722.55 | 704.04 | 278.64 | 400.6 | 591.47 | -1.37 |
Unlevered Free Cash Flow | 723.4 | 704.57 | 279.92 | 400.71 | 591.49 | -1.33 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1.37 | 0.86 | 1.65 | 0.18 | - | - |
Cash Income Tax Paid | - | 0.17 | 0.03 | -0.34 | -0.97 | - |
Change in Working Capital | 274.53 | 244.11 | 1,922 | 1,816 | 297.26 | -145.2 |